A World of Opportunity in Mid-Cap Stocks

FPA's Eric Ende is slowly casting a wider geographical net for stocks in his global fund.

Though he manages a global fund, Eric Ende has done just fine sticking mostly to midsized U.S.-based stocks.

Ende's FPA Paramount Fund (ticker: FPRAX) has generated 25% return over the past year, and 12.5% annualized return over the past three years, far outpacing the average world-stock fund tracked by Morningstar.